News with the tag "brc-20"

Follow me on X for more Bitcoin Alpha https://x.com/GuerillaV2 In a recent announcement , Best in Slot , the infrastructure company powering some of the most popular Bitcoin applications and wallets like Xverse and Liquidium, revealed that BRC-20s are getting an upgrade. Dubbed BRC2.0, it’s expected...

Until recently, the Bitcoin ecosystem hasn’t seen much development. Now it is rapidly evolving, with numerous projects aiming to enhance Bitcoin’s scalability and functionality. In this early stage, there are many methods being tried out to expand Bitcoin’s rather limited capabilities from sidechain...

Plans to launch a Bitcoin-pegged stablecoin, an upcoming network upgrade and BTC’s recent recovery could be connected to STX’s 30% rally.

The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.

Since last weekend, Bitcoin’s price has exhibited sideways trading, contributing to a lackluster trend across the altcoin market. The daily BTC chart displays rejection candles at both highs and lows, indicating a lack of clear dominance by either buyers or sellers. Amidst this uncertainty, the prev...

Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.

Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume.

Bitcoin transaction fees are rising again as multiple projects try to set the standard for Layer 2 with tokens and other assets. Fees went vertical, entering the “banana zone,” which is changing the usage of the Bitcoin chain. Bitcoin fees have displaced the block reward as it continues to diminish....

Stacks (STX) is spreading a new narrative, showing that Bitcoin-based tokens are possible. STX lined up among top gainers after showcasing several active projects. Launching tokens on the Bitcoin network went through several attempts, each one creating its unique form of hype. In 2024, peak projects...

After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated t...